Second Place: "Minera IRL (MIRL.cse): Jaime Pinto has been a very naughty boy". This development (plus the update posts hereandhere) is the start of a whole house of pain for the scumbags who tried to wrest Ollachea away from IRL by all means fair and foul (mostly foul). About time too, Pinto will be the first to suffer but there will be others. Meanwhile, long-suffering IRL shareholders (include me in) will finally get their day in the sun. This whole saga has gone on too long already and there is still mess to clear up, but light is now clearly visible at the end of the tunnel.

First Place: "Smart move by Tinka (TK.v)". Not much more than a short reflection on the recent corporate move by TK and the way the market reacted, but since the post TK has moved even higher, trading in the 70s. The post probably picked up extra eyeballs due to that.

11/3/17

A
repeat showing of this track from just a couple of months ago, but I don't care. Shamelessly evangelized on IKN because if I get one more set of ears to hear it today, it's worthwhile. Utterly beautiful, make sure you listen through quality speakers.

The story is starting to gain traction in Peru. This one in Puno's 'Los Andes' newspaper gets one fact wrong in that it says Minera IRL has brought the charges against the judge. In fact it's the Peru State prosecutor that's brought the charges. However it does state that Pinto has been paying the judge S/.5000 (U$1,543) per month and this humble corner of cyberspace hears that is the correct figure. It also syas that Pinto is involved with another mining company and has been impeding the start of the project in order to benefit this other company.

Meanwhile,this one in Peru national paper Correostates that the charges come from intercepted text and social media messages between the judge, Juan Cáceres Tito, and Jaime Pinto. It also has local sources asking how the judge managed to accumulate properties and make very frequent visits by plane to Lima on a salary of just S/800 per month. What happens now is that the judge is placed under a 60 day investigation period, after which the State prosecutor decides what to do with him and with his alleged corruptor, Jaime Pinto.

...that sees a local judge in the Ollachea district charged by the State for receiving bribes from Pinto has so far only made it to a regional newspaper, "Sin Fronteras". But as soon as the Peru national newspapers put two and two together and see that the quasi-State financing bank COFIDE is involved, this will become a chunkily sized corruption story. Here's a photo of the dead tree version of yesterday's (Nov 1) report in 'Sin Fronteras':

(PS: And yes, this does mean that the chances of this whole mess being cleared up quickly and in Minera IRL's favour have just shot higher)

Via reader and pal 'MY', I've just heard that Mario Das Neves, governor of the Chubut province of Argentina and among many other things a staunch anti-mining figure in the country, died last night. He'd been diagnosed with cancer in 2015 and in August took a medical leave of absence.

Up 10% since listing on the Lima Stock Exchange (BVL), Tinka Resources (TK.v) must have put a few noses out of joint in Vancouver. By finding a real and new source of capital, TK has wrested price control away from the brokerage turdbrains who have been capping the stock price for the last six months or so.

10/31/17

"The third quarter was a very successful and eventful quarter for Great Panther."

...and then just one paragraph later...

"Great Panther reported a net loss of $0.7 million for the third quarter of 2017"

...with a straight face. I mean, imagine what a merely "good" quarter would look like? However, it's an excellent moment to recognize and celebrate the fact we live in a free society with freedom of expression and everything concerned. In other words GPR is allowed to spout all the bollocks and twattery it wants in its NRs and the market...

...is free to give its own judgement on this "very successful" quarter as well.

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